3937 N Grand Avenue Indianapolis, IN 46226

Multi-Family (2-4 Units) MLS #: 21975773 Courtesy Of Flat Fee Realty, llc

$140,000

0.22 acres
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Estimated monthly payments: $612/mo.* (recalculate)

Property InformationDescription

All-brick Duplex in great rental location! Market rent is $800 per month per unit. Easy to rent and manage has a lot to offer a new or experienced investor. Both units are well maintained and rented till 9/30/2024. Updated Flooring, trim, paint, new furnace on 3937 side done recently. Full rehab including mechanicals, roof, windows all done 7 years ago. Includes all appliances. Both units are metered separately, and tenant pays all utilities. People love the area for being near bus line, close to town. Both units currently rented. Please do not disturb occupants. Tenants' rights apply. Seller must be present for showings Monday through Friday 8am to 5pm. Need 48-hour notice to schedule showings with tenants.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Bungalow
  • Cooling System: Window Unit(s) A/C
  • Exterior Type: Brick and Wood, Wood
  • Lot Size: 0.22 Acres
  • Roof Type: Asphalt

MAP & DIRECTIONS

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3937 N Grand Avenue, Indianapolis, IN 46226
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School Information

3937 N Grand Avenue, Indianapolis, IN 46226

Elementary School
Grades PK-8 | Public School
CENTER FOR INQUIRY SCHOOL 27
Indianapolis, IN 46202
545 E 19th St
317.­226.4227
Distance: 4.3 mi
School Rating
D+
Student:Teacher Ratio
13:1
Total Students
493
Elementary School
Grades KG-8 | Public School
CENTER FOR INQUIRY SCHOOL 84
Indianapolis, IN 46220
440 E 57th St
317.­226.4284
Distance: 4.2 mi
School Rating
A-
Student:Teacher Ratio
16:1
Total Students
450
Elementary School
Grades PK-8 | Public School
ROUSSEAU MCCLELLAN MONTESSORI SCHOOL 91
Indianapolis, IN 46205
5111 Evanston Ave
317.­226.4291
Distance: 2.7 mi
School Rating
C
Student:Teacher Ratio
14:1
Total Students
587
Elementary School
Grades PK-8 | Public School
IPS BUTLER UNIVERSITY LABORATORY SCHOOL 55
Indianapolis, IN 46220
1349 E 54th St
317.­226.4255
Distance: 3.3 mi
School Rating
D+
Student:Teacher Ratio
12:1
Total Students
418
Elementary School
Grades PK-6 | Public School
FLORO TORRENCE ELEMENTARY SCHOOL 83
Indianapolis, IN 46226
5050 E 42nd St
317.­226.4283
Distance: 0.4 mi
School Rating
C-
Student:Teacher Ratio
7:1
Total Students
216
Middle School
Grades 7-8 | Public School
ARLINGTON MIDDLE SCHOOL
Indianapolis, IN 46204
120 E Walnut St
317.­822.7980
Distance: 1.4 mi
School Rating
C
Student:Teacher Ratio
8:1
Total Students
435
High School
N/A
Other Nearby Schools Distance Type Grades School Rating
Worthmore Academy 0.9 mi Private UG
Him By Her Collegiate School For T 1.2 mi Public KG-2 F
Rooted School Indianapolis 1.3 mi Public 9 D-
Arlington Woods Elementary School 99 1.4 mi Public KG-6 D
Thrival Academy 1.4 mi Public 9 B-
Robert Lee Frost Elementary School 106 1.5 mi Public PK-6 D
Avondale Meadows Middle School 1.6 mi Public 6-8 C-
Avondale Meadows Academy 1.6 mi Public KG-5 D+
Cathedral High School 1.6 mi Private 9-12
Charles A Tindley Accelerated School 1.8 mi Public 7-12 C
Louis B. Russell Elementary School 48 1.8 mi Public PK-6
Tindley Genesis Academy 1.8 mi Public KG-6 F
St Lawrence Catholic School 2.0 mi Private PK-8
St Matthew Catholic School 2.1 mi Private PK-8
George H. Fisher Elementary School 93 2.2 mi Public KG-6 D
Joyce Kilmer Elementary School 69 2.2 mi Public KG-6
Kindezi Academy 2.2 mi Public KG-6 F
Brook Park Elementary School 2.3 mi Public 1-6 D+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Indianapolis, IN 46226

Median Age: 34.4
Married: 28%
Number of Households: 17,209
Households with Children: 29.1%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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